College Park Office Market Trends

Office Rental Market

  • $16.26 2019 Avg. Asking Rent
  • 14.38 % 2019 Avg. Vacancy Rate
  • 103,839 2019 Office Completions (Sqft)
  • 0 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in College Park was $16.26 per square foot, and the office vacancy rate across the market averaged 14.38 %. During 2019, developers added 103,839 square feet of new office space to the College Park market inventory. Office developments estimated for delivery during 2020 total 0 square feet.

Average Office Asking Rents by Class

2019 Average Office Rent per Square Foot

  • College Park Class B Office Buildings$17.99
  • College Park Class C Office Buildings$12.59
  • GA Class A Office Buildings$29.13
  • GA Class B Office Buildings$20.45
  • GA Class C Office Buildings$16.21

College Park, GA Office Asking Rents by Class

OFFICE CONSTRUCTION IN College Park, GA

  • College Park, GA Total Sqft completed in 2019 103,839
  • College Park, GA Total Sqft under construction in 2020 0
10 Largest Office Buildings in College Park
Building name Address Total Sqft Year built
Phoenix Office Park 1800 Phoenix Blvd, 30349 332,207 1981
Phoenix Office Park 1691 Phoenix Blvd, 30349 332,207 1981
Phoenix Office Park 1745 Phoenix Blvd, 30349 332,207 1981
5200 Buffington Road 5200 Buffington Road, 30349 169,404 1982
One Hartsfield Centre 100 Hartsfield Center Pkwy, 30354 150,835 1990
Phoenix Center Office Park 1657 Phoenix Blvd, 30349 100,000 1972
One Crown Center 1895 Phoenix Blvd, 30349 96,836 1973
Waterstone 4751 Best Road, 30337 93,084 1988
Royal Phoenix Business Campus - Buildings 100-300 1777 Phoenix Pkwy, 30349 79,867 1985
Royal Phoenix Business Campus - Buildings 400-600 1688 Phoenix Pkwy, 30349 78,220 1982
Largest Office Properties Recently Completed in College Park
Office building Address Sqft Completed
BMW Group Training Center 1965 Convention Center Concourse, 30337 52,567 2019
Gateway Center II 4310 Skytrain Way, 30337 51,272 2019
AirTran Corporate Center 5230 Clipper Drive, 30349 50,000 2008
3848 Northwest Drive 3848 Northwest Drive, 30337 33,562 2000
Phoenix Summit 1903 Phoenix Blvd, 30349 44,922 1998
1901 Phoenix Blvd 1901 Phoenix Blvd, 30349 35,032 1998
2314 Sullivan Road 2314 Sullivan Road, 30337 27,416 1991
One Hartsfield Centre 100 Hartsfield Center Pkwy, 30354 150,835 1990
Waterstone 4751 Best Road, 30337 93,084 1988
Phoenix Business Campus - 1669 Phoenix Pkwy 1669 Phoenix Pkwy, 30349 47,470 1986
Data provided by Commercial Edge

Office Spaces for Rent in Georgia

See trends for nearby markets

The College Park office market contains an inventory of 1,301,417 square feet of office space, in 41 buildings that are equal to or larger than 25,000 square feet.

This market trends report is based on analysis of city-level data. Averages were calculated based on values dated January 1st 2019 through December 31st 2019. Construction pipeline data shown is valid as of April 2020. The information on this page was compiled using data provided by our sister company, CommercialEdge – a market intelligence solution which offers comprehensive knowledge on all College Park commercial properties sized 25,000 square feet or larger.

While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.